Crypto
Chainlink Price Hits Overbought Territory Amid Prolonged Uptrend
Chainlink's price has been on a prolonged upward trend, reaching $15.33 as of September 29, 2026. However, this growth has pushed the token into overbought territory on the daily chart.
The daily RSI14 reading is at 72.76, indicating that Chainlink is firmly in overbought territory. The price is also close to its upper Bollinger Band at $15.32, a classic sign of an extended directional push.
Despite being overbought, the trend remains intact, and the EMA stack across all timeframes shows a clean, bullish structure with no ambiguity about direction.